SP Group buys UK injection-moulding supplier OGM Moulding for GBP 18 million
Reuters2026/08/19 12:29Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- SP Group acquired UK-based OGM Moulding for GBP 18 million, cash- and debt-free, with up to GBP 6 million earn-out tied to 2027-2028 results.
- OGM makes injection-molded plastic components and provides box-build assembly, with a focus on medical devices, safety equipment, industry, transport.
- OGM operates two plants in Oxfordshire and South Wales, employs about 190 people, retains its name and current management.
- Deal adds SP Group’s first production base in the UK, extending its footprint for customers seeking localized manufacturing.
- SP Group lifted its 2026 growth outlook to 24%-30% from 22%-28%, keeping margin expectations unchanged.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SP Group A/S published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.
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